Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt [Yahoo! Finance Canada]
SAMPO OYJ UNSP/ADR (SAXPY)
NASDAQ:AMEX Investor Relations:
sampo.com/contact-us/investor-relations
Company Research
Source: Yahoo! Finance Canada
COPENHAGEN (Reuters) - Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company has struggled as the pandemic, an energy crisis and two-decade-high interest rates failed to unleash a wave of loan defaults, with concerns mounting over Intrum's net debt of 49.4 billion Swedish crowns ($4.69 billion) at the end of June. "Intrum expects to emerge from the prepackaged Chapter 11 process and the Swedish company reorganisation process with ample runway and liquidity to execute its business plan and positioned for long term growth and success," it said in a statement. Intrum had won support for a debt restructuring from 73% of its noteholders, enough for a U.S. Chapter 11 procedure but short of the 75% needed to qualify for a simpler process under English law or a 90% threshold for an all-voluntary process. Achieving higher levels of consent would s
Show less
Read more
Impact Snapshot
Event Time:
SAXPY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAXPY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAXPY alerts
High impacting SAMPO OYJ UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SAXPY
News
- Sampo plc: Managers' Transactions (Langan) [Yahoo! Finance]Yahoo! Finance
- KM Malta Airlines, the Maltese Islands' New National Carrier, Implements CellPoint Digital's Payment Orchestration Solution [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trading in Sampo on Nasdaq Copenhagen commences today [Yahoo! Finance]Yahoo! Finance
- Sampo plc's share buybacks 17 September 2024 [Yahoo! Finance]Yahoo! Finance
- Sampo plc: Directed issuance of new Sampo A shares to Topdanmark shareholders in connection with the exchange offer [Yahoo! Finance]Yahoo! Finance